Paramount Corporation has the following share capital balances during 2020: 10% Preferred share capital, P10 par value: P1,500,000 Ordinary share capital, P10 par value: P1,000,000 For two consecutive years, the corporation did not declare any dividends despite its profitable operations. On December 23, 2020, the corporation declared P800,000 cash dividend to be paid on January 2, 2021, to shareholders of record as of December 31, 2020. How will the corporation allocate the amount of dividends declared to its preference and ordinary shareholders? How much is the cash dividend per share for preference and ordinary shareholders